Best SWP (Systematic Withdrawal Plan) Mutual Funds in India

7 Mins

A Systematic Withdrawal Plan (SWP) in mutual funds allows investors to withdraw their investments systematically. In other words, investors can withdraw a selected amount from their investments at predetermined intervals. Thus, the SWP option is an excellent way to earn a regular income, especially for retirees or people with dependents, as it helps to meet their needs. Also, it ensures that the investment goal is not affected by withdrawing systematically rather than the entire amount at once. Moreover, investors can use the SWP calculator to determine the fixed withdrawal amount from their investment while considering the interest earned. Check out the Best SWP Mutual Fund in India 2024 by Scripbox.

5 Best Performing SWP Mutual Fund in India 2024

Fund Name	3 Year CAGR	AUM
ICICI Prudential US Bluechip Equity Fund	18.90%	2365 Cr
Parag Parikh Flexi Cap Fund	32.50%	29953 Cr
Canara Robeco Bluechip Equity Fund	22.50%	8672 Cr
Canara Robeco Emerging Equities Fund	26.70%	15261 Cr
Nippon India Value Fund	31%	4641 Cr

1. ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund is an open-ended equity mutual fund that invests predominantly in large-cap companies in the USA. The fund provides Indian investors with an opportunity to invest in US companies. Also, the fund invests in blue-chip companies with excellent historical performance and better potential for future growth. Furthermore, it has 95% of its assets in equity securities across sectors, including technology, healthcare, consumer services, industrials, and financial services.

Investment Objective

The investment objective of the scheme is to provide long-term capital appreciation to investors by primarily investing in equity and equity-related securities of companies listed on recognised US stock exchanges. The scheme will also invest in ADRs/GDRs issued by Indian and Foreign companies. However, there is no assurance or guarantee that the scheme’s investment objective will be realised.

Should You Invest in ICICI Prudential US Bluechip Equity Fund?

ICICI Prudential US Bluechip equity fund is suitable for investors who want to invest in stocks not listed in India but trade on US stock exchanges. Thus, investors seeking exposure to US markets coupled with long-term wealth creation can consider investing in this scheme. Also, it helps investors to invest in well-known and competitive companies. However, the fund is subjected to market volatility and conditions. Before investing in this fund, investors must understand the associated risks with global markets, the investment strategy, the alignment of investment objectives and suitability.

2. Parag Parikh Flexi Cap Fund

Parag Parikh Flexi Cap Fund is an open-ended, diversified equity mutual fund scheme. This fund invests in large-cap, mid-cap, and small-cap stocks of Indian as well as foreign companies. Also, on average, the fund invests 65% of its assets in stocks of listed Indian companies. Moreover, the fund strongly believes in the principle of compounding and hence provides only the Growth option.

Investment Objective

The investment objective of the scheme is to generate long-term capital appreciation from an actively managed portfolio, primarily of equity and equity-related securities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Should You Invest in Parag Parikh Flexi Cap Fund?

Parag Parikh Flexi Cap Fund is suitable for investors with an investment horizon of a minimum of 5 years. Thus, investors seeking exposure to equity asset classes through different market capitalizations can consider investing in this scheme. Also, the fund aims to achieve a diversified portfolio across various industries and/or sectors and/ or market capitalization. Moreover, the fund managers actively manage the portfolio by churning the portfolio based on the bull or bear market situations.

3. Canara Robeco Bluechip Equity Fund

Canara Robeco Bluechip Equity Fund is an equity scheme in the large-cap category. Also, Bluechip mutual funds invest in blue chip companies with large market capitalization, with a well-established track record and potential for future growth and appreciation. The fund invests more than 80% of its assets in large-cap companies. Furthermore, the scheme aims to achieve long-term growth and wealth creation through its asset allocation strategy.

Investment Objective

The investment objective of the scheme is to provide capital appreciation by predominantly investing in companies with a large market capitalization. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Should You Invest in Canara Robeco Bluechip Equity Fund?

Canara Robeco Bluechip Equity Fund is a growth-oriented equity fund that primarily invests in large-cap securities. Also, the fund invests in equities of companies with a substantial market capitalization spanning various industries. Hence, these companies are financially stable and more resilient to market volatility than small or mid-caps. Furthermore, the scheme provides inflation-beating returns in the long term. Therefore, investors with low-risk tolerance levels with an investment objective of more than five years can consider investing in this scheme.

4. Canara Robeco Emerging Equities Fund

Canara Robeco Emerging Equities Fund is an open-end equity fund in the large and mid-cap category. Also, this scheme invests in a diversified portfolio of large and mid-cap companies across different sectors to create long-term wealth. Furthermore, the portfolio has at least 35% of its assets in both large and mid-cap companies. Furthermore, the fund employs a bottom-up approach while picking large and mid-cap stocks for investment.

Investment Objective

The investment objective of the fund is to generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. However, there can be no assurance that the investment objective of the scheme will be achieved.

Should You Invest in Canara Robeco Emerging Equities Fund?

Canara Robeco Emerging Equities Fund seeks to provide long-term capital appreciation along with inflation-beating returns. Since the mutual fund is exposed to both large and mid-cap companies, it has the potential to generate more significant returns than pure large-cap funds. Also, the fund applies a bottom-up stock selection methodology to find the best firms within the category. It aims to find companies that have the potential to become industry leaders in future. However, the fund is subject to market volatility due to equity exposure. Therefore, investors must be aware of the market dynamics and risk levels before investing in this fund. Investors who have an understanding of risk can consider investing in this scheme.

5. Nippon India Value Fund

Nippon India Value Fund is an open-ended equity fund that follows a value investing strategy. The value investment strategy focuses on participating in investment opportunities across all sectors and market capitalisations. Thus, the fund aims to find undervalued companies that have the potential to generate better risk-adjusted returns over time. These stocks are recognised based on several parameters like stock price, financial strength, cash flows, competitive advantage, business prospects and earnings potential.

Investment Objective

The primary investment objective of this fund is to seek capital appreciation and generate consistent returns by actively investing in equity and equity-related securities, predominantly in value stocks. However, there can be no assurance that the investment objective of the scheme will be achieved.

Should You Invest in Nippon India Value Fund?

Nippon India Value Fund is an equity fund that aims to provide capital appreciation and consistent returns by following the value investment strategy. The fund manager finds the undervalued stocks and invests at their intrinsic value. The intrinsic value of a stock is expected to perform better in any market cycle due to its substantial value and company fundamentals. Therefore, this scheme gives investors an opportunity to invest in a wide range of companies to maximize returns and minimize risk through adequate diversification. Investors seeking for investment duration of five years or more can consider investing in this scheme to avoid volatility.